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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Carson Group's Ryan Detrick and Villere & Co.'s Sandy VillereRyan Detrick, chief market strategist at Carson Group, and Sandy Villere, portfolio manager at Villere & Co., join 'The Exchange' to discuss their expectation from small caps, how rate cuts have impacted the market, and more.
Persons: Carson Group's Ryan Detrick, Sandy Villere Ryan Detrick, Sandy Villere Organizations: Carson Group, Villere
Expect volatility in small caps in October, says Sandy Villere
  + stars: | 2024-09-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect volatility in small caps in October, says Sandy VillereRyan Detrick, chief market strategist at Carson Group, and Sandy Villere, portfolio manager at Villere & Co., join 'The Exchange' to discuss their expectation from small caps, how rate cuts have impacted the market, and more.
Persons: Sandy Villere Ryan Detrick, Sandy Villere Organizations: Carson Group, Villere
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors who 'dust off the small cap file' will find opportunity, says Sandy VillereSandy Villere, partner and portfolio manager at Villere & Company, joins CNBC's 'The Exchange' to discuss the small cap rally, regional bank trades, and more.
Persons: Sandy Villere Sandy Villere Organizations: Investors, Villere & Company
How to position in small caps
  + stars: | 2024-03-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to position in small capsSandy Villere, portfolio manager at Villere & Co., joins 'The Exchange' to discuss his outlook for small-caps at large, and shares some small-cap stocks he favors.
Persons: Sandy Villere Organizations: Villere
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation will be 'stubborn' so rate cuts won't happen as quickly as people think: Sandy VillereSandy Villere, portfolio manager at Villere and Co., joins ‘The Exchange’ to discuss if we have skirted the recession, finding opportunities in small-caps, and more.
Persons: Sandy Villere Sandy Villere
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher rates will lead to a mild recession in Q1: Villere & Co.'s Sandy VillereSandy Villere, portfolio manager at Villere and Co., joins 'The Exchange' to discuss growth in the market, the impact of the Fed raising rates on small-cap stocks, and more.
Persons: Sandy Villere Sandy Villere
"The U.S. consumer is on thin ice coming into the final stretch of 2023," said Emily Roland, co-chief investment strategist at John Hancock Investment Management. Further declines in the labor market will likely act as a double-edged sword for investors, relieving some inflation pressures while weighing on consumer spending. Overall consumer spending rose slightly more than expected in August, while the savings rate fell to its lowest since November 2022, the Commerce Department said on Thursday. Betting against the consumer spending has so far been a losing wager. (This story has been corrected to say BNY Mellon Investment Management, not BNY Mellon, in paragraph 10)Reporting by David Randall; editing by Megan Davies and Andy SullivanOur Standards: The Thomson Reuters Trust Principles.
Persons: Caitlin Ochs, Nordstrom, Macy's, Emily Roland, Jake Jolly, Gregory Daco, Young, Jason Draho, Sandy Villere, Mellon, David Randall, Megan Davies, Andy Sullivan Organizations: New York Stock Exchange, REUTERS, Apollo Group . Department, John Hancock Investment Management, of Labor Statistics, Commerce Department, BNY Mellon Investment Management, Treasury, Ernst, Atlanta Fed's, UBS Global Wealth Management, Royal Caribbean Cruises, Villere, Thomson Locations: New York City, Russia, Ukraine, New York, U.S
The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. In Septembers since 1945, the S&P 500 has declined an average of 0.7%, the worst performance of any month, according to CFRA. Of course, bullish stock investors have largely been rewarded for looking past potential pitfalls this year. "The correction started on the first day of the month, and now it has corrected the conditions that made it vulnerable," Hayes said. Reporting by David Randall; Additional reporting by Lewis Krauskopf; Editing by Ira Iosebashvili and David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Jack Janasiewicz, Janasiewicz, Jerome Powell, Sandy Villere, Goldman Sachs, Tim Hayes, Ned Davis, Hayes, David Randall, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Reserve, Natixis, Solutions, U.S, Villere, Pfizer, Abbott Laboratories, Investors, Republicans, U.S . House, Goldman, Federal, Ned, Ned Davis Research, Thomson Locations: New York City, U.S, Jackson
The rate hike, which was in line market expectations, took the benchmark overnight interest rate to between 5.25% and 5.50% - the highest level since around the global financial crisis in 2007-2009. [1/3]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. "Powell and the committee are taking a very data-dependent approach to future rate hikes," said Angelo Kourkafas, investment strategist at Edward Jones. U.S. Treasury yields slipped in choppy trading after the Fed's rate decision. The yield on 10-year Treasury notes was down at 3.865%, while the two-year yield, which typically reflects interest rate expectations, fell to 4.8433%.
Persons: Jerome Powell, Lamar Villere, Villere, Brendan McDermid, Powell, Angelo Kourkafas, Edward Jones, Chibuike Oguh, Sinead Carew, Chizu Nomiyama, Jonathan Oatis Organizations: YORK, Global, Federal Reserve, Fed, Villere, New York Stock Exchange, REUTERS, Nasdaq, Dow Jones, Treasury, Brent, U.S, West Texas, Thomson Locations: New Orleans, Europe, Germany, France, New York City, U.S, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed needs to be stubborn with keeping rates higher for longer, says Bleakley's Peter BoockvarSandy Villere, Villere and Co. partner, and Peter Boockvar, Bleakley Financial Group CIO, join 'The Exchange' to talk the Federal Reserve, the latest CPI report and more.
Persons: Bleakley's Peter Boockvar Sandy Villere, Peter Boockvar Organizations: Bleakley Financial, Federal Reserve
Still-hawkish Fed pauses rate tightening after 10 straight hikes
  + stars: | 2023-06-14 | by ( ) www.reuters.com   time to read: +13 min
While the market expected a hawkish pause, this is even a little bit more hawkish than market participants anticipated and that’s why you’re having a negative reaction in risk assets. So, it does suggest that the Fed is looking to tighten policy further, but the big question is can the Fed credibly commit to two more rate hikes if they just decided to actually hold rates steady. And what is the threshold for further rate hikes? “GEORGE YOUNG, PORTFOLIO MANAGER, VILLERE & CO, NEW ORLEANS"This a pregnant pause, meaning that they said they're going to pause hikes today but they're going to increase later. ANGELO KOURKAFAS, SENIOR INVESTMENT STRATEGIST, EDWARD JONES, ST LOUIS"We're seeing a more hawkish pause.
Persons: QUINCY KROSBY, Powell, He’s, BRIAN JACOBSEN, MENOMONEE, ” ANDRZEJ SKIBA, ” GENNADIY GOLDBERG, they’ve, ” ELLEN HAZEN, Logan, Waller, “ GEORGE, ANGELO KOURKAFAS, EDWARD JONES, They've, MICHAEL BROWN, hawkishly, WHITNEY WATSON, GOLDMAN, , STOVALL, ” PAUL NOLTE, MICHAEL JAMES Organizations: YORK, Federal Reserve, Federal, U.S, RBC, CPI, PPI, Powell &, Cleveland Fed, Global Finance, Markets, Thomson Locations: U.S, CHARLOTTE, NC, WISCONSIN, WELLESLEY , MASSACHUSETTS, ORLEANS, GOLDMAN SACHS, Manheim, ALLENTOWN, CHICAGO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegional banks are great investments for a two- or three-year time-horizon, says Sandy VillereSandy Villere, partner and portfolio manager at Villere & Co., joins 'The Exchange' to discuss opportunities in regional banks and investing in money market accounts.
Companies in the consumer discretionary spending sector reporting next week include Tesla Inc (TSLA.O), Netflix Inc (NFLX.O) and AutoNation Inc (AN.N). Reuters GraphicsGrowing recession fears over the last year have already prompted many consumer discretionary companies to cut costs to boost margins, which may lead to positive earnings surprises this quarter, Melson said. Part of that expected growth comes from a job market that has remained robust, helping buoy consumer spending, said Jamie Cox, managing partner for Harris Financial Group. Meanwhile, U.S. consumer sentiment inched up in April, but households expected inflation to rise over the next 12 months. Sandy Villere, a portfolio manager at Villere & Co, has winnowed his holdings of consumer discretionary stocks in anticipation of a recession later this year.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed still trying to throw a 'cold towel' on U.S. economy, says Villere & Co.'s Sandy VillereSandy Villere, Villere & Co. partner and portfolio manager, joins "The Exchange" to discuss the Fed, inflation and bank stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Villere & Co. partner Sandy VillereSandy Villere, Villere & Co. partner, joins 'The Exchange' to discuss where investors can find opportunities in growth and value names.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should be fishing in the growth pond, says Villere & Co.'s Sandy VillereSandy Villere, Villere & Co. partner, joins 'The Exchange' to discuss where investors can find opportunities in growth and value names.
CNN —Shortly before announcing her campaign against Republican National Committee chair Ronna McDaniel, Harmeet Dhillon, a well-connected conservative attorney, phoned an important ally to solicit his thoughts. Republican voters and local officials have bombarded committee members with emails and calls about the party’s next chair, often berating them directly for the GOP’s underwhelming performance in the midterms, according to four committee members who requested anonymity to describe their experience. During the same period, her law firm received nearly $900,000 from the RNC, federal election data shows. We are all independent thinkers, and we know what’s best for our states,” said Jeff Kent, a committee member from Washington. “It’s very hard to beat an incumbent RNC chair if that incumbent wants to stay,” said Bill Palatucci, a New Jersey committeeman.
Greed is back with a vengeance on Wall Street
  + stars: | 2022-11-16 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +4 min
Wall Street is now, dare we say, almost giddy. The Dow has surged 17% since the end of September, following the best month for the closely watched market barometer since 1976. The CNN Business Fear & Greed Index, which looks at seven indicators of market sentiment, is even showing signs of Greed and is not far from Extreme Greed levels. Clearly, investors are banking on smaller rate hikes. George Young, a portfolio manager with Villere & Co. said he’s bullish right now on smaller companies, since they aren’t as widely held as the mega cap blue chip market leaders.
The S&P 500 energy sector is already up around 48% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. The S&P 500 energy sector trades at a trailing price-to-earnings ratio of 9.9, nearly half the 17.4 valuation of the broader index. The S&P 500 is down around 24% this year while bonds - as measured by the Vanguard Total Bond Market index fund - are down nearly 18%. Saira Malik, chief investment officer at Nuveen, believes that fund managers will remain lightly positioned in energy shares despite recent gains. She is also betting that China’s economy will rebound in coming months, supporting global oil prices"We still think energy has legs here," she said.
The S&P 500 energy sector is already up around 46% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. The S&P 500 energy sector trades at a trailing price-to-earnings ratio of 9.9, nearly half the 17.4 valuation of the broader index. Energy is the only sector in the S&P 500 expected by analysts at Credit Suisse to post positive revisions to their third quarter earnings. Saira Malik, chief investment officer at Nuveen, believes that fund managers will remain lightly positioned in energy shares despite recent gains. She is also betting that China’s economy will rebound in coming months, supporting global oil prices"We still think energy has legs here," she said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll have to watch and see for any dislocations in the Treasury market, says Bleakley's BoockvarSandy Villere, Villere Balanced Fund co-portfolio manager, and Peter Boockvar, Bleakley Financial chief investment officer, join 'The Exchange' to discuss if there's real contagion risk in England, how England's recent news impacts Villere's thesis and more.
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